Motor

Amana Takaful partners with Abans Finance for ‘Tuk Tuk Full’

Views - 24 Wednesday, 17 October 2018 00:00

An MOU was signed between Amãna Takaful PLC and Abans Finance PLC offering the ‘Tuk Tuk Full’ product for the three wheel portfolio of Abans Finance. When a customer obtains a comprehensive ‘Tuk Tuk Full’ policy from Amãna he/she is eligib


TVS flags off ‘3 million Apaches on road’ celebratory ride

Views - 26 Wednesday, 17 October 2018 00:00

TVS Apache, the premium motorcycle brand of TVS Motor Company, recently crossed a key sales milestone of 3 million units.  To commemorate this feat, TVS Motor Company has organised a celebratory ride in one of its important global market, Sri Lanka


UK to cut hybrid car subsidies to promote electric models

Views - 14 Wednesday, 17 October 2018 00:00

LONDON (Reuters): Britain will cut the incentives available to those buying plug-in hybrid vehicles as it focuses on pure electric models, sparking anger from an industry trade body as carmakers already face declining sales in Europe’s second-bigge


Seylan Bank: Title Sponsor and Official Banking Partner for ‘Seylan Colombo Motor Show’ for 5th year

Views - 15 Wednesday, 17 October 2018 00:00

Seylan Colombo Motor Show, the country’s largest and much awaited automobile exhibition is once again set to revolutionise the local automobile industry at the BMICH premises from 19-21 October. Extending its support for the fifth consecutive year,


Toyota Lanka engages key Toyota Industrial Equipment customers at gala event

Views - 25 Thursday, 11 October 2018 00:00

Toyota Industrial Equipment, the Forklift arm of Toyota Lanka (Private) Limited recently hosted some of its key clientele to an exclusive cocktail event to felicitate longstanding relationships with corporate and individual clients. The event was hel


HNB partners with Prestige Automobile Group to offer special BMW deals

Views - 32 Thursday, 11 October 2018 00:00

Sri Lanka’s premier retail bank, HNB PLC announced a new partnership with sole authorised agents of BMW vehicles in Sri Lanka, the Prestige Automobile Group, to offer special deals for aspiring BMW owners. “As Sri Lanka’s largest and most succe


Tata Motors registers 20% increase of sales in September 2018

Views - 17 Thursday, 11 October 2018 00:00

Tata Motors sales in the domestic market in September 2018, grew by 20%, at 64,520 units compared to 53,964 units over the previous year Tata Motors sales in the domestic market in September 2018, grew by 20%, at 64,520 units compared to 53,964 units


Toyota Corolla holds Classic Car Parade

Views - 47 Thursday, 11 October 2018 00:00

Toyota Corolla held a Classic Car Parade organised by the Toyota Corolla KE10 to KE55 Car Owners Club recently in the Kahatawila area on the Kesbewa-Bandaragama Road with the participation of more than 60 classic Toyota models car from KE10 to KE55


Sri Lankan vehicle exporters in Japan conduct convention to formulate proper policy

Views - 46 Wednesday, 10 October 2018 00:00

The Sri Lanka Automobile Association in Japan (SLAAJ) held their first-ever Automobile Convention in Sri Lanka last week. Present at the event as Chief Guest was President Maithripala Sirisena, along with Guests of Honour Vallibel One Group Chairman


Edirisinghe Brothers launch Sri Lanka’s second Hybrid Hub Facility in Piliyandala

Views - 50 Wednesday, 10 October 2018 00:00

Edirisinghe Brothers Ltd. (EBL) announced the launch of Sri Lanka’s second purpose-built facility dedicated for the servicing, repairing and battery conditioning of Hybrid and Plug-In Hybrid Vehicles in Miriswatte, Piliyandala. Edirisinghe Brother


Society of Indian Automobile Manufacturers holds meeting with Ceylon Motor Traders’ Association

Views - 33 Wednesday, 10 October 2018 00:00

A 20-member delegation from the Society of Indian Automobile Manufacturers (SIAM) held a very fruitful and cordial meeting with the Ceylon Motor Traders’ Association (CMTA) last week. SIAM is the apex industry body representing leading vehicle and


Mazda aims for all of its vehicles to be electric hybrid, EVs by 2030

Views - 11 Thursday, 4 October 2018 00:00

TOKYO (Reuters): Mazda Motor Corp said on Tuesday that all of the vehicles it produces by 2030 will incorporate electrification, while 5% of its cars will be all-battery electric vehicles (EVs). The Japanese automaker joins a growing number of global


TVS Motor Company launches new 2018 TVS Apache RTR 160 4V in Sri Lanka

Views - 247 Thursday, 4 October 2018 00:00

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, recently launched the new 2018 TVS Apache RTR 160 4V in Sri Lanka.  A testimony to the racing legacy of the TVS Apache RTR series, the new TVS Apache RTR 160


Ceylinco Life propaganda unit upgrades with Mercedes-Benz vehicles

Views - 25 Thursday, 4 October 2018 00:00

The vehicle fleet of the propaganda unit of Ceylinco Life has been upgraded with the acquisition of two new Mercedes-Benz Vito vehicles to enable the unit reach and serve its customers in greater style and comfort. The unit plays an important role i


Paragon of motor traders Wasana expands services

Views - 44 Thursday, 4 October 2018 00:00

Wasana Trading Lanka Ltd. that owns the largest vehicle yard in Sri Lanka will expand its business according to a new concept by unveiling its ‘Wasana Mahagedara Liyapadinchi Wahana Anganaya’ at an auspicious time on 4 October. People from every


AS-Salam Motor from HNB General Takaful

Views - 23 Friday, 28 September 2018 00:00

HNB General Takaful, the Takaful Unit of HNB General Insurance Ltd. (HNBGI), the fully owned subsidiary of HNB Assurance PLC (HNBA) introduced a revolutionary product, AS-Salam Motor, A Takaful Motor Insurance plan with a range of benefits. Sharing h


Hyundai Lanka announces free 5-year Service and Maintenance services on IONIQ Hybrid and SUV Creta

Views - 25 Friday, 28 September 2018 00:00

Hyundai Lanka Ltd., the sole authorised importer and distributor of Hyundai models in Sri Lanka announced its new industry-leading free five-year service and maintenance package on the revolutionary IONIQ hybrid and SUV Creta models. The unique comp


First Jaguar Art of Performance Global Tour event in Sri Lanka a huge success

Views - 30 Friday, 28 September 2018 00:00

SML Frontier Automotive, sole agents of Jaguar Land Rover (JLR) in Sri Lanka, successfully hosted the first edition of the Jaguar Art of Performance Global Tour recently at the Katukurunda Racing track. A fun and exhilarating day’s event was held


Hero MotoCorp hikes prices amid rising costs

Views - 13 Friday, 28 September 2018 00:00

Reuters: Hero MotoCorp Ltd, the world’s largest two-wheeler manufacturer, said on Wednesday it would raise prices of its motorcycles and scooters to tackle rising commodity costs and currency depreciation. The price hike, effective 3 October, trans


PickMe’s drive towards faster, safer and smarter mobility for the nation

Views - 20 Friday, 28 September 2018 00:00

Reinforcing its stronghold across the country, PickMe is currently spearheading an expansion drive. Accordingly, the company has opened offices in Colombo, Kandy, Gampaha, Kurunegala and Galle. Moreover, the Company has to date widen the reach to Neg


Volkswagen to end production of the Beetle next year

Views - 19 Friday, 21 September 2018 00:00

Reuters: Volkswagen has said it would stop producing its Beetle compact car in 2019, ending a model that looked backward to the 1960s counterculture as the automaker prepares for a leap towards a future of mass-market electric cars. The original VW B


Mission E: Porsche’s first fully electric sports car is named Taycan

Views - 21 Friday, 21 September 2018 00:00

Stuttgart: The future of mobility is another step closer: Series production of the first purely electric Porsche is set to begin next year. In preparation, the vehicle has now been given its official name: The “Mission E” concept study, the name


Micro partners with movers and shakers in new energy and sustainable transportation

Views - 39 Friday, 21 September 2018 00:00

With well over 20 years of experience in the Sri Lankan automobile industry, Micro Cars is Sri Lanka’s only car manufacturer/assembler with the facilities to assemble vehicles on home soil with a modern automated assembly line at BOI EPZ Polgahawel


Musk says Tesla now in “delivery logistics hell”

Views - 15 Friday, 21 September 2018 00:00

Reuters: Tesla Inc.’s Chief Executive Officer Elon Musk on Sunday acknowledged that the electric carmaker’s problems have now shifted to delivery logistics from production delays, the latest speed bump in its efforts to achieve profitability. “


Multi Finance enters into MoU with Micro Cars, offers 6-hour leasing approvals

Views - 26 Friday, 21 September 2018 00:00

Multi Finance PLC (MFPLC) signed a Memorandum of Understanding (MoU) with Micro Cars Ltd. recently, to offer special leasing facilities on a wide variety of vehicles available at Sri Lanka’s first and only national automobile manufacturer. MFPLC


SML Frontier Automotive announces business strategy for Jaguar Land Rover in SL

Views - 85 Wednesday, 19 September 2018 00:00

SML Frontier Automotive, the sole agent of Jaguar Land Rover in Sri Lanka, yesterday announced its business growth strategy for the coming year at a press conference, together with the Jaguar Land Rover Asia Pacific management based in Singapore. Th


CEAT marks 25 years in Sri Lanka with ‘Good Drivers Save Lives’ campaign

Views - 16 Wednesday, 19 September 2018 00:00

After two and a half decades in Sri Lanka, leading tyre brand CEAT has a message for the country’s motorists, and has taken to the streets to deliver it. “Good Drivers Save Lives” is the theme of an emotive new campaign that seeks to persuade d


Audi launches electric SUV

Views - 20 Wednesday, 19 September 2018 00:00

SAN FRANCISCO (Reuters): German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc., and highlighted a deal with Amazon.com Inc. to make recharging its forthcoming e-tr


Goodyear re-launch by Benedictsons, a subsidiary of Tyre House Group

Views - 27 Friday, 14 September 2018 00:00

Goodyear founded in 1898 named the company after Charles Goodyear who discovered the process of vulcanisation for the first time in 1839. Goodyear is the largest rubber company in the world. It is one of the world’s top four tyre manufacturers as w


TVS Motor Company launches stylish, sporty, smart scooter: TVS NTORQ 125 in Sri Lanka

Views - 1490 Friday, 14 September 2018 00:00

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, has launched its stylish 125cc scooter TVS NTORQ 125 in Sri Lanka. The scooter also marks the launch of an exclusive technology platform – TVS SmartXonnect*,


Today's Columnists

New Year resolution: Attaining financial freedom in 2019!

Thursday, 24 January 2019

It is that time of the year when everyone, young and old is journaling their new-year resolutions, and reflecting on the past year. You might be disappointed if you are carrying forward a few resolutions from the past years. You could be thinking, wh


10-year challenge: Has Sri Lanka made progress in last decade to become financially-literate?

Thursday, 24 January 2019

The ’10-Year Challenge,’ Facebook’s latest social media phenomenon has taken the internet by a storm. People are posting a picture from 10 years ago alongside their current profile picture or some other photograph and the transformation through


Catwalk beyond 400 PPM – Consuming towards disaster!

Thursday, 24 January 2019

Catwalks sizzle! What’s on the catwalk – the skin, the silk, lycra parading endlessly broadcast to the world whatever new and popular in clothing and accessories and it also communicates desirable dimensions too in a not-too-subtle manner. Knowi


Rolling back big government – The next big challenge

Thursday, 24 January 2019

Preliminary estimates in the 2019 Budget to be presented on 5 March this year include an income of 2.5 trillion and a debt service requirements of a whopping 2.2 trillion, leaving only a net income of 0.3 trillion. As for expenditure, the Government


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